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Digital Media
Independent in talks to take control of BuzzFeed and HuffPost in UK
...The shift comes as Google’s decision to kill off cookies has left media groups under pressure to boost their “first-party data” — provided by readers such as through preferences — to offer to advertisers...
February 15, 2024
Polestar
Hertz pauses plans to buy electric vehicles from Polestar this year
...Polestar’s chief executive Thomas Ingenlath told the Financial Times that he had been contacted by Hertz’s chief executive Stephen Scherr last autumn to ask whether he could pause their agreement to buy...
February 5, 2024
FT Live
Building an AI-First Organisation
How can business leaders use AI to drive value?
Thursday, 25 AprilHôtel Lutetia, Paris, France
Media
RedBird IMI closes in on £1bn deal for UK studio All3Media
...RedBird IMI, the US-based investment group run by Jeff Zucker and Gerry Cardinale, has emerged as frontrunner to buy All3Media, the UK TV and film production business behind Fleabag and Call The Midwife....
December 12, 2023
InterviewUnited Talent Agency Inc
Talent agency UTA plans push into sports as UK becomes focal point
...“As much as that is true, what’s also true is competition for the very best stuff is as fierce as it’s ever been.”...
July 4, 2023
Netflix Inc
Netflix to revamp advertising strategy to lure brands and boost revenues
...Netflix will develop increasingly targeted and tailor-made advertising formats to win over marketing bosses as it seeks to boost revenues in its recently launched advertising supported service....
July 3, 2023
TGI Fridays Inc.
TGI Fridays’ US operations to have London listing
...Stephen Welker, chair of Hostmore, said it would “reunite two businesses that are a natural fit, and were one business until as recently as 2014”....
April 16, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Work & Careers
Quit-Tok: why young workers are refusing to leave their job quietly
...managers and make it as public as possible....
March 18, 2024
Warner Bros Discovery, Inc
Warner Bros Discovery aims for global market with Europe launch of Max
...JB Perrette, chief executive and president of global streaming and games at Warner Bros Discovery, pointed to several new shows this year as well as all live action from the Olympic Games in Paris as a means...
March 21, 2024
Apple Inc
Tim Cook praises China’s ‘critical’ role in Apple’s business
...The state-owned Global Times, best known for its nationalist bashing of the US, reported the increased investment pledge and quoted Cook as saying: “There’s no supply chain in the world that’s more critical...
March 21, 2024
The Big Read
How AI is transforming the business of advertising
...The use of data-led analytics, he adds, also plays into the hands of large management consultancies such as Accenture that are also offering marketing services as part of their offer to corporate clients...
February 11, 2024
Advertising
Super Bowl set to break US advertising records
...He said that more than 100mn people watched the Super Bowl, and many “people tune in to see the advertising as much as the game”....
February 9, 2024
News in-depthEvergrande Real Estate Group
Evergrande liquidation to test Hong Kong’s legal reach in mainland China
...Speaking outside court on Monday, Wong, the liquidator, said she wanted “to see as much of the business as possible retained, restructured or remain operational”....
January 30, 2024
Leonard Blavatnik
Leonard Blavatnik’s entertainment empire plans media acquisition spree
...Access is also seeking to invest more in South Korea as a centre for film and television....
November 19, 2023
News in-depthWaterstones Booksellers Ltd
Waterstones IPO would open new chapter for bookseller, says James Daunt
...Daunt is one of the most powerful figures in the book industry, which has boomed in recent years as people returned to reading during the pandemic as an affordable pastime....
December 2, 2023
LexIthaca Energy Inc
Oil sector dealmaking does not herald a North Sea revival
...nathalie.thomas@ft.com This story has been updated to correct the valuation of Vår Energi relative to Eni....
April 4, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Kweichow Moutai Co Ltd
Moutai shares jump after Chinese liquor maker raises prices
...“The majority of foreigners that run global money, it still won’t be a big enough catalyst for them to come back and enter because the negative macro picture of China Inc is too big relative to the rest...
November 1, 2023
New York Community Bancorp Inc
NYCB shares sink after flagging problems with internal controls
...In a separate statement, the bank said Alessandro DiNello, who was named executive chair just over three weeks ago, would replace Thomas Cangemi as chief executive, with effect immediately....
March 1, 2024
Group M Worldwide Inc
Executive at WPP-owned agency detained in China over bribery claims
...That is despite concurrent efforts by Xi’s administration to encourage foreign investment in China as it contends with one of the country’s bleakest growth outlooks in decades....
October 22, 2023
Sexual misconduct allegations
Russell Brand blocked from making money on YouTube following sexual allegations
...Brand used his main YouTube channel @RussellBrand, as well as social media platforms Instagram and X, formerly known as Twitter, on Friday to deny the claims....
September 19, 2023
New York Community Bancorp Inc
New York Community Bank seeks to reassure investors after Moody’s downgrade
...DiNello had been serving as non-executive chair, but the lender said he would now become executive chair and work with chief executive Thomas Cangemi “to improve all aspects of the bank’s operations”....
February 7, 2024
US banks
Shares plunge for saviour of failed Signature Bank
...Thomas Cangemi, NYCB chief executive, was asked on a call with analysts about the Signature acquisition and the reason for the unexpected loan losses....
January 31, 2024
Rupert Murdoch
Rupert Murdoch resolves his own succession drama — for now
...Note that he’s kept a title [as chairman emeritus]. He won’t be able to stop himself.” One senior News Corp insider put it plainly: “As long as he’s breathing, he’s in charge.”...
September 22, 2023
Evergrande Real Estate Group
The Lehman liquidators taking on China’s Evergrande
...“It’s not going to happen.” Additional reporting by Thomas Hale in Shanghai...
March 7, 2024
Chick-fil-A Inc
Chick-fil-A to make second attempt at UK launch after previous gay rights backlash
...“Successful restaurants, being very personal businesses, try to align their culture as much as possible with that of the customers they serve,” said Backman....
September 13, 2023
News in-depthUber Technologies Inc
Dara Khosrowshahi: the ‘adult in the room’ who steered Uber to profit
...But Thomas Monteiro, an analyst at Investing.com, said Uber was “too dependent on user growth” that was naturally limited, and that he would be watching for how the company planned to innovate for efficiency...
February 9, 2024

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